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Great news for San Fernando Valley!!
San Fernando Valley is growing faster than other places in CA!
The San Fernando Valley economy is estimated to grow up to 4.5 percent this year, greater than the national average, according to a forecast released on Friday.
Bill Roberts, chief of the San Fernando Valley Economic Research Center at Cal State Northridge, stated major contributing factors to the growth are the entertainment, construction and health care industries being particularly solid. To find go deals in Sanfernando Valley go to www.sanfernandovalley.properties
“Construction is poised for a recovery. If you drive around the Valley you will see a many more construction than two or three years ago,” said Roberts, who gave his forecast at the Valley Industry s annual Business Forecast Conference at the Burbank Airport Marriott.
Roberts based the forecast on 18 economic variables and the stocks of 22 largest public companies in the Valley and 18 largest public companies in Los Angeles County.
The Valley’s 4 percent to 4.5 percent rate of growth was higher than that projected for Los Angeles County, at 3.1 percent, and that of the nation, also at 3.1 percent. The state as a whole was projected to grow less than 1 percent.
“The drought is ... more

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